China’s Property Crisis Blew Up Investments That Couldn’t Lose

China’s Property Crisis Blew Up Investments That Couldn’t Lose

Citic said its new fund was as safe as they come because it would invest in real estate. Then the developer defaulted and the projects stalled.
Red Sea Shipping Halt Is Latest Risk to Global Economy

Red Sea Shipping Halt Is Latest Risk to Global Economy

Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.